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Canada has been actively engaged in open banking initiatives, aiming to empower consumers with greater control over their financial data and enhance the sophistication and user-friendliness of financial applications. Despite the inherent benefits of open banking, progress in this initiative has been relatively slow. Simultaneously, the global economy is experiencing
In a world defined by financial flexibility and global connectivity, credit cards have become indispensable tools for millions of consumers. They offer convenience, security, and
Cross-border commerce has become a cornerstone of payments. As businesses expand to international markets and consumers continue with online shopping, cross-border credit card payments have
For businesses of all sizes, credit card processing fees can be a significant operational cost. Every time a customer swipes their card, a percentage of
Credit card surcharging, or the practice of passing on credit card transaction fees to customers, has become a pivotal point of discussion for businesses seeking
Offering diverse payment options is essential for businesses aiming to stay competitive and meet the needs of customers. One payment method that has gained significant
Calgary, Alberta – September 1, 2023 – Fuse Financial and TRC-Parus are thrilled to announce that they will be working together to make credit
While payment processors have been a fixture for decades, the last decade, in particular, has witnessed a significant surge in the number of payment service
Software and hardware tech is growing and so are consumer habits and preferences. The way we handle financial transactions and overall fintech has undergone a
TRC-Parus feels that corporate values play a vital role in shaping our company culture and defining our brand. One of the corporate values of
Merchant accounts offer businesses a range of advantages. They enable businesses to accept credit and debit card payments, accommodating customers who prefer cashless transactions. This
It can be easy to become focused on your own success and accomplishments in business. However, there is value in being humble – in other
Businesses are always seeking ways to increase their revenue streams and remain competitive. One avenue for achieving this is by accepting credit card payments. The
Digital wallets have become increasingly popular as a way to store and use money. Digital wallets, also known as e-wallets, allow users to make payments,
In an era dominated by technological advancements and online transactions, credit card fraud has emerged as a significant threat to individuals and businesses alike. As
There is often a lot of pressure to be diplomatic and tactful, to carefully navigate delicate situations, and to avoid saying or doing anything that
MOTO payments refer to credit card transactions where customers provide their payment details via mail, telephone, or other non-face-to-face methods to complete a purchase. Credit
When traveling abroad, using credit has become a convenient and widely accepted method of payment for travelers. With the increasing global connectivity, merchants and payment
Credit cards are one of the most popular and convenient forms of payment worldwide. Over the past few decades, we have witnessed a remarkable surge
Businesses that accept credit cards are continuously seeking ways to streamline their operations and maximize efficiency. That’s what you do to build a company. One
In today’s digital age, electronic payment methods have become increasingly prevalent in our daily lives. Whether it’s swiping a credit card, making an online purchase,
Digital payments and credit card use is growing. This means more merchant accounts are being opened. A merchant account is a type of bank account
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TRC-Parus is a payment processor in Canada. The TRC-Parus name and logo are trademarks of TRC-Parus Inc payment processing in Vancouver, Canada. The Interac name and logo are trademarks of Interac Inc Canada. The Visa, MasterCard, and AMEX logos are trademarks of Visa International, MasterCard International Incorporated, and American Express Company. TRC-Parus is a Registered Partner/ISO of the Canadian Branch of U.S. Bank National Association.